Wu said that BitMEX co-founder Arthur Hayes tweeted that Powell is not as cooperative with Trump as he is with Biden. However, it doesn't matter; Trump's nominee for Treasury Secretary, Scott Bessent, will balance Powell like 'bad girl' Yellen. The Trump team may bypass the Fed's intervention to achieve 'money printing' operations through the following three major strategies: ending the conservatorship of Fannie Mae and Freddie Mac; promoting the economy by devaluing the dollar against gold; and implementing a leveraged capital requirement (SLR) exemption.